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stephenmorgan's Articles in Finance

  • Overdue Refunds Now Provided by Banks
    In the UK, Banks have been ordered by the financial watchdog, the Financial Services Agency (FSA) to refund Mortgage Exit Fees to clients they have overcharged when they redeemed a Mortgage. This is of major significance to those involved within the areas of Debt Management, Debt Settlement and Bankruptcy in general as these figures could be quite substantial overall.
  • Property Investment - Does it still Work?
    There’s nothing quite as safe as houses – or so they say, but in this climate of the various stock exchanges going up and down is this totally true? Sure, the news about surging housing prices and rising interest rates is never out of the news.

    Loads of Home and Property programmes swamp our daytime (and our night time) viewing on the TV schedules and where does this all lead us?
  • The Hidden Cost of Bankruptcy
    Bankruptcy is a contentious word for a whole number of reasons. Firstly it relates to a situation whereby a Debtor not being able to satisfy or compound to his Creditors a suitable amount has to turn to the Courts for protection and at the end of the day everyone loses out. Let me repeat that - no one is a winner here.
  • Beware Bank Robbers on the horizon
    I have a client who at this time of year has financial problems. Christmas tends to encourage more expenditure than is good for you.. Christmas tends to leave all of us with bills at the end of the day that we would rather not have.

    It is usually at this moment in time when we are in need that the Banks make a killing trying to offer us even more money, offering us deals left right and centre to help us smooth our way out of debt into even more debt (if the truth and the small print be known).
  • Abuse of Bank Charges, is this Legalised Robbery?
    I have a client who at this time of year has financial problems. There is nothing new in that, if the truth be told, the majority of us are all slightly short at this time of year. Christmas after all is the one time of the year where the majority of us are driven to heights of financial excess that very few of us can afford and the more than a few of us find difficult to get out of.

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